Current Affairs

18 February, 2020

International

Thailand hosts 13th Asian Business & Social Investor Forum 2020 & 4th Asia’s Greatest Brands & Leaders 2020

13th edition of Asian Business & Social Investor Forum 2019-20 & 4th edition – Asia’s Greatest Brands & Leaders 2019-20 held at the Marriott Marquis Hotel, Bangkok, Thailand with the aim to improve investment in India and Asia.

2020 UN Climate Summit ‘COP26′ to be held in Glasgow, UK in November

The 26th session of the Conference of the Parties (COP 26) to the UNFCCC (United Nations Framework Convention on Climate Change ) is scheduled to be held from 9-19 November 2020, at Glasgow’s Scottish Events Campus (SEC)in Scotland under the presidency of the UK (United Kingdom) government.

National

Overview of Four day Portugal’s President visit to India from Feb 13-16

The President of Portugal Mr Marcelo Rebelo de Sousa has paid a four days visit to India for the first time from 13-16 February 2020 on the invitation of the President of India, Shri Ram Nath Kovind. He was accompanied by Minister of State and Foreign Affairs, Professor Augusto Santos Silva, Secretary of State for Internationalization, Professor Eurico Brilhante Dias and Secretary of State for National Defense, Mr. Jorge Seguro Sanches. The last visit by a President of Portugal (Prof. Anibal Antonio Cavaco Silva) to India was in 2007

CDS aims to establish Air Defence Command by June 2020

Chief of Defense Staff (CDS) General Bipin Rawat has targeted to establish the 1st integrated tri-service command called “Air Defence Command (ADC)” by June 2020, headed by an officer of the Indian Air Force (IAF).

1st -ever Global investors summit 2020 will be held in Jammu & Kashmir

The Union Territory (UT) of Jammu and Kashmir’s (J&K) administration is set to host 1st -ever Global Investors Summit-2020 in the capital cities of Srinagar and Jammu in the month of April 2020 with the aim to attract investment and industries to J&K.

A 3-day long 17th edition of Bio Asia 2020 begins in Hyderabad, Telangana

A 3-day long 17th edition of Bio Asia 2020, Asia’s largest Biotechnology and Life Sciences Forum with the theme of ‘Today for Tomorrow’ has commenced in Hyderabad, Telangana.
Switzerland is the partner Country for 2020 as part of the annual tradition & around 40-member team comprising industries, academia and start-ups from Switzerland participated in this event.

Economy

Moody’s lowers India’s GDP growth estimate for 2020 to 5.4% from 6.6%

Moody’s Investors Service, an American credit rating agency,has lowered India’s Gross Domestic Product (GDP) growth estimate for the current financial year (2019-20) to 5.4% from 6.6% and the next financial year (2020-21) growth rate estimate to 5.8% from 6.7% .

RBI board recommends aligning accounting year with fiscal year from 2020-21

the Central Board of Directors of the RBI (Reserve Bank of India) at its 582nd meeting recommended aligning the financial year of RBI, currently July-June, with the government’s fiscal year (April-March) from the year 2020-21. Now, the proposal is sent to the government for its approval.

Sports

India wins bronze in Badminton Asia team championships 2020 held in Manila, Philippines

Indian men’s team clinched bronze medal at the Badminton Asia team championships 2020 after losing to two-time defending champions Indonesia with 2-3 scores in semi-finals of the tournament held at Rizal Memorial Coliseum in Manila, Philippines from 11 – 16 February 2020.
This is the 2nd time that India bagged bronze medal in the championship after it won the 1st bronze in 2016 at Hyderabad, Telangana.

“United by Emotion” to be 2020 Tokyo Olympics Motto

The Tokyo Organising Committee of the Olympic and Paralympic games revealed the official motto, “United By Emotion”, which reflects the “universal values” and “unifying power of sport”, for the upcoming 2020 Olympics to be held in Tokyo, Japan from July 24, 2020 to August 9, 2020.
The motto highlights the power of sport to bring together people from diverse backgrounds to connect & celebrate in a way that reaches beyond their differences.

Miscellaneous

ISRO to launch 10 surveillance satellites in 2020-21

As per the annual report of the Department of Space, ISRO (Indian Space Research Organisation) is planning to launch 10 earth observation satellites space surveillance feature during 2020-21 including first ever Geo Imaging Satellite GISAT-1

NCLAT clears JSW Steel’s acquisition of Bhushan power for Rs 19,700 cr

The National Company Law Appellate Tribunal (NCLAT) has approved JSW Steel’s (formerly known as Jindal South West ) bid of Rs 19,700 crore for the acquisition of the bankrupt Bhushan Power and Steel Ltd (BPSL).However, the lawsuits filed by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act,2002 may continue against Bhushan Power’s former promoters.

65th Amazon Filmfare Awards 2020 in Guwahati, Assam: Gully Boy’ bags best film

The 65th edition of Amazon Filmfare Awards 2020 was held at Indira Gandhi Athletic Stadium in Guwahati, Assam from15 Feb 2020 – 16 Feb 2020.
The event was hosted by Karan Kumar Johar( often referred to as KJo), an Indian film director, producer, actor and television personality & Varun Dhawan ,Vicky Kaushal.

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